Netflix on Thursday reported a 16% rise in memberships in the first quarter, reaching 269.6 million, beating Wall Street expectations. Starting next year, the company will no longer provide quarterly membership numbers or average revenue per user starting next year. CNBC reports: "As we've noted in previous letters, we're focused on revenue and operating margin as our primary financial metrics -- and engagement (i.e. time spent) as our best proxy for customer satisfaction," the company said in its quarterly letter to shareholders. "In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential." Netflix said now that it is generating substantial profit and free cash flow -- as well as developing new revenue streams like advertising and a password-sharing crackdown -- its membership numbers are not the only factor in the company's growth. It said the metric lost significance after it started to offer multiple price points for memberships. The company said it would still announce "major subscriber milestones as we cross them." Netflix also noted that it expects paid net additions to be lower in the second quarter compared to the first quarter "due to typical seasonality." Its second-quarter revenue forecast of $9.49 billion was just shy of Wall Street's estimate of $9.54 billion Shares of the company fell around 4% in extended trading. Netflix reported first-quarter net income of $2.33 billion, or $5.28 per share, versus $1.30 billion, or $2.88 per share, in the prior-year period. The company posted revenue of $9.37 billion for the quarter, up from $8.16 billion in the year-ago quarter.

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U.S. telecom provider Frontier Communications shut down its systems after a cybercrime group breached some of its IT systems in a recent cyberattack. BleepingComputer reports: Frontier is a leading U.S. communications provider that provides gigabit Internet speeds over a fiber-optic network to millions of consumers and businesses across 25 states. After discovering the incident, the company was forced to partially shut down some systems to prevent the threat actors from laterally moving through the network, which also led to some operational disruptions. Despite this, Frontier says the attackers could access some PII data, although it didn't disclose if it belonged to customers, employees, or both. "On April 14, 2024, Frontier Communications Parent, Inc. [..] detected that a third party had gained unauthorized access to portions of its information technology environment," the company revealed in a filing with the U.S. Securities and Exchange Commission on Thursday. "Based on the Company's investigation, it has determined that the third party was likely a cybercrime group, which gained access to, among other information, personally identifiable information." Frontier now believes that it has contained the breach, has since restored its core IT systems affected during the incident, and is working on restoring normal business operations.

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An anonymous reader quotes a report from Ars Technica: The US Constitution's Fifth Amendment protection against self-incrimination does not prohibit police officers from forcing a suspect to unlock a phone with a thumbprint scan, a federal appeals court ruled yesterday. The ruling does not apply to all cases in which biometrics are used to unlock an electronic device but is a significant decision in an unsettled area of the law. The US Court of Appeals for the 9th Circuit had to grapple with the question of "whether the compelled use of Payne's thumb to unlock his phone was testimonial," the ruling (PDF) in United States v. Jeremy Travis Payne said. "To date, neither the Supreme Court nor any of our sister circuits have addressed whether the compelled use of a biometric to unlock an electronic device is testimonial." A three-judge panel at the 9th Circuit ruled unanimously against Payne, affirming a US District Court's denial of Payne's motion to suppress evidence. Payne was a California parolee who was arrested by California Highway Patrol (CHP) after a 2021 traffic stop and charged with possession with intent to distribute fentanyl, fluorofentanyl, and cocaine. There was a dispute in District Court over whether a CHP officer "forcibly used Payne's thumb to unlock the phone." But for the purposes of Payne's appeal, the government "accepted the defendant's version of the facts, i.e., 'that defendant's thumbprint was compelled.'" Payne's Fifth Amendment claim "rests entirely on whether the use of his thumb implicitly related certain facts to officers such that he can avail himself of the privilege against self-incrimination," the ruling said. Judges rejected his claim, holding "that the compelled use of Payne's thumb to unlock his phone (which he had already identified for the officers) required no cognitive exertion, placing it firmly in the same category as a blood draw or fingerprint taken at booking." "When Officer Coddington used Payne's thumb to unlock his phone -- which he could have accomplished even if Payne had been unconscious -- he did not intrude on the contents of Payne's mind," the court also said.

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A software glitch in the "ticket in, cash out" (TICO) machines at Star Casino in Sydney, Australia, saw it inadvertently give away $2.05 million over several weeks. This glitch allowed gamblers to reuse a receipt for slot machine winnings, leading to unwarranted cash payouts which went undetected due to systematic failures in oversight and audit processes. The Register reports: News of the giveaway emerged on Monday at an independent inquiry into the casino, which has had years of compliance troubles that led to a finding that its operators were unsuitable to hold a license. In testimony [PDF] given on Monday to the inquiry, casino manager Nicholas Weeks explained that it is possible to insert two receipts into TICO machines. That was a feature, not a bug, and allowed gamblers to redeem two receipts and be paid the aggregate amount. But a software glitch meant that the machines would return one of those tickets and allow it to be re-used -- the barcode it bore was not recognized as having been paid. "What occurred was small additional amounts of cash were being provided to customers in circumstances when they shouldn't have received it because of that defect," Weeks told the inquiry. Local media reported that news of the free cash got around and 43 people used the TICO machines to withdraw money to which they were not entitled -- at least one of them a recovering gambling addict who fell off the wagon as the "free" money allowed them to fund their activities. Known abusers of the TICO machines have been charged, and one of those set to face the courts is accused of association with a criminal group. (The first inquiry into The Star, two years ago, found it may have been targeted by organized crime groups.)

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WhatsApp users in the U.S. will soon see support for real-time AI image generation. The Verge reports: As soon as you start typing a text-to-image prompt in a chat with Meta AI, you'll see how the image changes as you add more detail about what you want to create. In the example shared by Meta, a user types in the prompt, "Imagine a soccer game on mars." The generated image quickly changes from a typical soccer player to showing an entire soccer field on a Martian landscape. If you have access to the beta, you can try out the feature for yourself by opening a chat with Meta AI and then start a prompt with the word "Imagine." Additionally, Meta says its Meta Llama 3 model can now produce "sharper and higher quality" images and is better at showing text. You can also ask Meta AI to animate any images you provide, allowing you to turn them into a GIF to share with friends. Along with availability on WhatsApp, real-time image generation is also available to US users through Meta AI for the web. Further reading: Meta Releases Llama 3 AI Models, Claiming Top Performance

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An anonymous reader quotes a report from the New York Times: Consumers have grown accustomed to the prospect that their personal data, such as email addresses, social contacts, browsing history and genetic ancestry, are being collected and often resold by the apps and the digital services they use. With the advent of consumer neurotechnologies, the data being collected is becoming ever more intimate. One headband serves as a personal meditation coach by monitoring the user's brain activity. Another purports to help treat anxiety and symptoms of depression. Another reads and interprets brain signals while the user scrolls through dating apps, presumably to provide better matches. ("'Listen to your heart' is not enough," the manufacturer says on its website.) The companies behind such technologies have access to the records of the users' brain activity -- the electrical signals underlying our thoughts, feelings and intentions. On Wednesday, Governor Jared Polis of Colorado signed a bill that, for the first time in the United States, tries to ensure that such data remains truly private. The new law, which passed by a 61-to-1 vote in the Colorado House and a 34-to-0 vote in the Senate, expands the definition of "sensitive data" in the state's current personal privacy law to include biological and "neural data" generated by the brain, the spinal cord and the network of nerves that relays messages throughout the body. "Everything that we are is within our mind," said Jared Genser, general counsel and co-founder of the Neurorights Foundation, a science group that advocated the bill's passage. "What we think and feel, and the ability to decode that from the human brain, couldn't be any more intrusive or personal to us." "We are really excited to have an actual bill signed into law that will protect people's biological and neurological data," said Representative Cathy Kipp, Democrat of Colorado, who introduced the bill.

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The US Consumer Financial Protection Bureau (CFPB) has slapped coding boot camp BloomTech -- formerly known as Lambda School -- with several punishments for alleged deceptive business practices. From a report: The business, which claims on its site it will help students land their "dream job" in tech at companies like Amazon, Cisco, and Google, accepted the consent order without admitting or denying any wrongdoing. In an announcement yesterday, the CFPB said it had taken action against BloomTech and its CEO Austen Allred for allegedly not disclosing the true cost of its loans to students and allegedly claiming overoptimistic hiring rates for BloomTech graduates. BloomTech, formerly Lambda School, has operated since 2017 and offers six- to nine-month vocational programs in science and engineering, with a focus on computer technology. "BloomTech and its CEO sought to drive students toward income share loans that were marketed as risk-free, but in fact carried significant finance charges and many of the same risks as other credit products," said Rohit Chopra, director of the CFPB. With income share loans or income share agreements, BloomTech allowed students to pay tuition later but in exchange had to pay a percentage of their future income, CFPB claimed. The agency alleged that BloomTech explicitly told students that its income share loans (which cost an average of $4k "finance charge" to use) weren't actually loans at all. The CFPB claimed in the settlement order a "significant majority" of students used these loans to finance their education, and alleged each student could end up paying up to $30k of their income to BloomTech to settle the loans. From the CFPB's press release: BloomTech advertised on its website that 71 to 86 percent of students were placed in jobs within six months of graduation, when its non-public reporting to investors consistently showed placement rates closer to 50 percent. Allred tweeted that the school achieved a 100 percent job-placement rate in one of its cohorts, and later acknowledged in a private message that the sample size was just one student.

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A jury found Avraham "Avi" Eisenberg guilty on all three counts of fraud and manipulation in a $110 million crypto trade scheme using the Mango Markets platform. Axios: The case was the first known test for a jury to decide whether existing U.S. laws governing fraud and market manipulation apply to the world of decentralized finance (DeFi). The 28-year-old Eisenberg will be held to account for his actions on Oct. 11, 2022, when a series of trades he made intentionally boosted the price of Mango Markets' native token, MNGO, as well as the price of futures contracts. He used the inflated futures holdings as collateral to borrow other cryptocurrencies on the platform, then quickly withdrew those assets and walked away from his collateral. Eisenberg never disputed the facts of the strategy but contended that what he did was legal and permitted by the DeFi protocol, a principle in the industry known as "code is law." U.S. laws apply to DeFi: "Avraham Eisenberg ran a con," prosecutors said Wednesday, during closing arguments, continuing its momentum from last week. The word "con" was used at least six more times in those remarks.

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U.S. aircraft manufacturer Boeing plans to enter the flying car business in Asia by 2030, looking to tap demand for the fast travel the vehicles could provide in the region's traffic-choked cities. Nikkei: Boeing Chief Technology Officer Todd Citron revealed the plans in an interview with Nikkei. The company is developing electric vertical take-off and landing (eVTOL) craft at subsidiary Wisk Aero. The aircraft will adopt autonomous technology, rare among eVTOL craft. The plan is to first obtain certification in the U.S. before expanding into Asia. Details of the Asia business will be finalized in the future, including whether Boeing will sell the aircraft to companies aiming to provide eVTOL transportation services or operate the services itself. Boeing is currently considering which country in Asia to enter first, including Japan. In Japan, domestic startup SkyDrive and Germany's Volocopter are scheduled to operate air taxi services at the 2025 Osaka World Expo. Boeing opened a research and development base in Nagoya on Thursday. It first established R&D operations in Japan in 2022 but had been renting space from other companies until now.

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Nigeria will criminalize the destruction of broadband fiber cables following repeated complaints by MTN Nigeria and other telecommunications companies that they are losing billions of naira, Bloomberg News reported, citing people familiar with the matter. From the report: Nigeria's works ministry, which supervises federal road constructors, is finalizing the regulation that will be signed as an executive order by President Bola Tinubu, said the people, asking not to be identified as they weren't authorized to comment. While there are presently laws against vandalism, the authorities are aiming to regulate construction firms more closely. The order will enforce stiff penalties on offenders, said the people, declining to provide more details or say when it will be signed. "Telecom assets are critical backbone that supports the economy across sectors," said Temitope Ajayi, a senior presidential aide, who noted that the Association of Telecommunications Companies has been demanding the classification for years. New rules will provide "further assurance that the Nigerian government will protect their investments against vandals and criminal elements."

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The U.S. Copyright Office has granted a copyright registration to Elisa Shupe, a retired U.S. Army veteran, for her novel "AI Machinations: Tangled Webs and Typed Words," which extensively used OpenAI's ChatGPT in its creation. The registration is among the first for creative works incorporating AI-generated text, but with a significant caveat - Shupe is considered the author of the "selection, coordination, and arrangement" of the AI-generated content, not the text itself. Shupe, who writes under the pen name Ellen Rae, initially filed for copyright in October 2022, seeking an Americans with Disabilities Act (ADA) exemption due to her cognitive impairments. The Copyright Office rejected her application but later granted the limited copyright after Shupe appealed. The decision, as Wired points out, highlights the agency's struggle to define authorship in the age of AI and the nuances of copyright protection for AI-assisted works.

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An anonymous reader shares a report: A financially motivated criminal hacking group says it has stolen a confidential database containing millions of records that companies use for screening potential customers for links to sanctions and financial crime. The hackers, which call themselves GhostR, said they stole 5.3 million records from the World-Check screening database in March and are threatening to publish the data online. World-Check is a screening database used for "know your customer" checks (or KYC), allowing companies to determine if prospective customers are high risk or potential criminals, such as people with links to money laundering or who are under government sanctions.The hackers told TechCrunch that they stole the data from a Singapore-based firm with access to the World-Check database, but did not name the firm. A portion of the stolen data, which the hackers shared with TechCrunch, includes individuals who were sanctioned as recently as this year.

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Meta debuted a new version of its powerful Llama AI model, its latest effort to keep pace with similar technology from companies like OpenAI, X and Google. The company describes Llama 3 8B and Llama 3 70B, containing 8 billion and 70 billion parameters respectively, as a "major leap" in performance compared to their predecessors. Meta claims that the Llama 3 models, trained on custom-built 24,000 GPU clusters, are among the best-performing generative AI models available for their respective parameter counts. The company supports this claim by citing the models' scores on popular AI benchmarks such as MMLU, ARC, and DROP, which attempt to measure knowledge, skill acquisition, and reasoning abilities. Despite the ongoing debate about the usefulness and validity of these benchmarks, they remain one of the few standardized methods for evaluating AI models. Llama 3 8B outperforms other open-source models like Mistral's Mistral 7B and Google's Gemma 7B on at least nine benchmarks, showcasing its potential in various domains such as biology, physics, chemistry, mathematics, and commonsense reasoning. TechCrunch adds: Now, Mistral 7B and Gemma 7B aren't exactly on the bleeding edge (Mistral 7B was released last September), and in a few of benchmarks Meta cites, Llama 3 8B scores only a few percentage points higher than either. But Meta also makes the claim that the larger-parameter-count Llama 3 model, Llama 3 70B, is competitive with flagship generative AI models including Gemini 1.5 Pro, the latest in Google's Gemini series.

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Google CEO Sundar Pichai announced substantial internal reorganizations on Thursday, including the creation of a new team called "Platforms and Devices" that will oversee all of Google's Pixel products, all of Android, Chrome, ChromeOS, Photos, and more. From a report: The team will be run by Rick Osterloh, who was previously the SVP of devices and services, overseeing all of Google's hardware efforts. Hiroshi Lockheimer, the longtime head of Android, Chrome, and ChromeOS, will be taking on other projects inside of Google and Alphabet. This is a huge change for Google, and it likely won't be the last one. There's only one reason for all of it, Osterloh says: AI. "This is not a secret, right?" he says. Consolidating teams "helps us to be able to do full-stack innovation when that's necessary," Osterloh says. He uses the example of the Pixel camera: "You had to have deep knowledge of the hardware systems, from the sensors to the ISPs, to all layers of the software stack. And, at the time, all the early HDR and ML models that were doing camera processing... and I think that hardware / software / AI integration really showed how AI could totally transform a user experience. That was important. And it's even more true today."

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Researchers in Canada got most of what they were hoping for in the country's 2024 federal budget, with a big boost in postgraduate pay and more funding for research and scientific infrastructure. From a report: "We are investing over $5 billion in Canadian brainpower," said finance minister Chrystia Freeland in her budget speech on 16 April. "More funding for research and scholarships will help Canada attract the next generation of game-changing thinkers." Postgraduate students and postdoctoral researchers have been advocating for higher pay for the past two years through a campaign called Support Our Science. They requested an increase in the value, and number, of federal government scholarships, and got more than they asked for. Stipends for master's students will rise from Can$17,500 (US$12,700) to $27,000 per year, PhDs stipends that ranged from $20,000 to $35,000 will be set to a uniform annual $40,000 and most postdoctoral-fellowship salaries will increase from $45,000 to $70,000 per annum. The number of scholarships and fellowships provided will also rise over time, building to around 1,720 more per year after five years. "We're very thrilled with this significant new investment, the largest investment in graduate students and postdocs in over 21 years," says Kaitlin Kharas, a PhD student at the University of Toronto, Canada, and executive director of Support Our Science. "It will directly support the next generation of researchers." Although only a small proportion of students and postdoctoral fellows receive these federal scholarships, other funders tend to use them as a guide for their own stipends. Many postgraduates said that low pay was forcing them to consider leaving Canada to pursue their scientific career, says Kharas, so this funding should help to retain talent in the country.

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U.S. lawmakers have moved closer to enacting a countrywide ban on TikTok. From a report: Last month, the House of Representatives passed a bill by a wide margin that would ban distribution of TikTok in U.S. unless TikTok's Chinese parent, ByteDance, sells its ownership in the app within 165 days of the law's enactment. On Wednesday, House Speaker Mike Johnson issued a new proposal that would extend the sale requirement deadline to nine months, with a potential for a 90-day extension -- addressing a key concern of Sen. Maria Cantwell (D-Wash.), chair of the Senate's Commerce, Science and Transportation Committee, that the divestiture timeline was too short. The revised TikTok ban proposal is tied to a broader bill providing emergency aid for Ukraine and Israel; the House is expected to vote on the measure Saturday, and if it passes would move to the Senate. President Biden has said he will sign the TikTok divest-or-ban legislation into law. On Wednesday evening, Cantwell said she supported the revised TikTok ban bill. "I'm very happy that Speaker Johnson and House leaders incorporated my recommendation to extend the ByteDance divestment period from six months to a year," she said in a statement. "As I've said, extending the divestment period is necessary to ensure there is enough time for a new buyer to get a deal done. I support this updated legislation."

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The US Air Force is putting AI in the pilot's seat. In an update on Thursday, the Defense Advanced Research Projects Agency (DARPA) revealed that an AI-controlled jet successfully faced a human pilot during an in-air dogfight test carried out last year. From a report: DARPA began experimenting with AI applications in December 2022 as part of its Air Combat Evolution (ACE) program. It worked to develop an AI system capable of autonomously flying a fighter jet, while also adhering to the Air Force's safety protocols. After carrying out dogfighting simulations using the AI pilot, DARPA put its work to the test by installing the AI system inside its experimental X-62A aircraft. That allowed it to get the AI-controlled craft into the air at the Edwards Air Force Base in California, where it says it carried out its first successful dogfight test against a human in September 2023.

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Google said on Thursday it had terminated 28 employees after some staff participated in protests against the company's cloud contract with the Israeli government. From a report: The Alphabet unit said a small number of protesting employees entered and disrupted work at a few unspecified office locations. "Physically impeding other employees' work and preventing them from accessing our facilities is a clear violation of our policies, and completely unacceptable behavior," the company said in a statement. Google said it had concluded individual investigations, resulting in the termination of 28 employees, and would continue to investigate and take action as needed. In a statement on Medium, Google workers affiliated with the No Tech for Apartheid campaign called it a "flagrant act of retaliation" and said that some employees who did not directly participate in Tuesday's protests were also among those Google fired.

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Amazon staff went undercover on Walmart, eBay and other marketplaces as a third-party seller called "Big River," WSJ reports. The mission: to scoop up information on pricing, logistics and other business practices. From the report: For nearly a decade, workers in a warehouse in Seattle's Denny Triangle neighborhood have shipped boxes of shoes, beach chairs, Marvel T-shirts and other items to online retail customers across the U.S. The operation, called Big River Services International, sells around $1 million a year of goods through e-commerce marketplaces including eBay, Shopify, Walmart and Amazon under brand names such as Rapid Cascade and Svea Bliss. "We are entrepreneurs, thinkers, marketers and creators," Big River says on its website. "We have a passion for customers and aren't afraid to experiment." What the website doesn't say is that Big River is an arm of Amazon that surreptitiously gathers intelligence on the tech giant's competitors. Born out of a 2015 plan code named "Project Curiosity," Big River uses its sales across multiple countries to obtain pricing data, logistics information and other details about rival e-commerce marketplaces, logistics operations and payments services, according to people familiar with Big River and corporate documents viewed by The Wall Street Journal. The team then shared that information with Amazon to incorporate into decisions about its own business. [...] The story of Big River offers new insight into Amazon's elaborate efforts to stay ahead of rivals. Team members attended their rivals' seller conferences and met with competitors identifying themselves only as employees of Big River Services, instead of disclosing that they worked for Amazon. They were given non-Amazon email addresses to use externally -- in emails with people at Amazon, they used Amazon email addresses -- and took other extraordinary measures to keep the project secret. They disseminated their reports to Amazon executives using printed, numbered copies rather than email. Those who worked on the project weren't even supposed to discuss the relationship internally with most teams at Amazon.

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Apple is doubling down on 8GB of RAM for many of its entry-level Macs, claiming that it's "suitable for many tasks," including browsing, video streaming and even "light" video and image editing. As of this writing, all MacBook Air laptops, the Mac Mini, and the MacBook Pro 14 all start with a base configuration of 8GB RAM -- which can't be upgraded at a later date since the RAM is soldered onto the motherboard. "That might have been OK were it not for the fact that Apple charges a ridiculous $200 to upgrade any of those machines from 8GB to 16GB," notes PC Gamer's Jeremy Laird. Even if an 8GB Mac does some of the previously stated tasks tolerably well, Laird argues that "8GB still isn't acceptable." From the report: That's because a Mac with 8GB can easily run out of memory just browsing the web. That's particularly true with Chrome, which just so happens to be the most popular browser around. Regular Chrome users will know what a memory hog Chrome can be. Right now, I have about 15 tabs open, which is actually pretty low for me. Often, my tab count can blow well past 50 in multiple windows. Handily, Chrome shows you memory usage if you mouse-over a given tab. And three of my current tabs are chewing up over 500MB each. So, that's 1.5GB for just three Chrome tabs. Add a couple more, plus MacOS's underlying memory footprint for just being up and running and you're bang out of RAM. Overall, I'm using 12.5GB of memory and the only application I have open is Chrome. Oh, and did I mention I'm typing this on a 16GB MacBook Air? I used to have an 8GB Apple silicon Air and to be frank it was a nightmare, constantly running out of memory just browsing the web. That's the point most observers miss. The usual narrative is that 8GB isn't good enough for serious workflows. It isn't but that completely misses the more important point. 8GB isn't even enough for browsing the web.

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